Homework Answers
Units sold = Units available for sale - Ending inventory units
= (126+441+63)-210 = 420 units
Cost of Goods Sold
= (126*19)+(420-126)*20
= 8274
Option B
Add Answer to:
Question 6 Blue Spruce Corp. has the following inventory data: July 1 Beginning inventory 126 units...
Ayayai Corp. has the following inventory data: July 1 Beginning inventory 28 units at $18 $504...
Ayayai Corp. has the following inventory data: July 1 Beginning inventory 28 units at $18 $504 7 Purchases 99 units at $19 1881 22 Purchases 14 units at $21 294 $2679 A physical count of merchandise inventory on July 30 reveals that there are 45 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is
Ayayai Corp. has the following inventory data: July 1 Beginning Inventory 38 units at $19 $722 7 Purchases 132...
Ayayai Corp. has the following inventory data: July 1 Beginning Inventory 38 units at $19 $722 7 Purchases 132 units at $20 2640 22 Purchases 19 units at $21 399 $3761 A physical count of merchandise inventory on July 30 reveals that there are 47 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $2859. $2708. $2802. $2774.
QUESTION 5 Olympus Climbers Company has the following inventory data: July 1 Beginning inventory 30 units at $19 $ 570...
QUESTION 5 Olympus Climbers Company has the following inventory data: July 1 Beginning inventory 30 units at $19 $ 570 Purchases 105 units at $20 2,100 Purchases 15 units at $22 _330 $3,000 A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $930. $990. $2,010. $2,070.
14. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19 $...
14. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $24 240 $2,020 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is
Sheffield has the following inventory information. July 1 Beginning Inventory 20 units at $16 $320 7...
Sheffield has the following inventory information. July 1 Beginning Inventory 20 units at $16 $320 7 Purchases 70 units at $21 1470 22 Purchases 20 units at $23 460 $2250 A physical count of merchandise inventory on July 31 reveals that there are 35 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is
Bonkers Bananas has the following inventory data: July 1 Beginning inventory 42 units at $21 $882...
Bonkers Bananas has the following inventory data:
July 1
Beginning inventory
42 units at $21
$882
7
Purchases
148 units at $22
3256
22
Purchases
21 units at $23
483
$4621
A physical count of merchandise inventory on July 30 reveals that
there are 53 units on hand. Using the LIFO inventory method, the
amount allocated to ending inventory for July is
$1187.
$1219.
$1124.
$1113
- 15. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19...
- 15. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $24 240 $2,020 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is a. $1,390. b. $1,414. c. $1,470. d. $1,440.
Swifty Corporation has the following inventory data: July 1 Beginning inventory 30 units at $15 $450...
Swifty Corporation has the following inventory data: July 1 Beginning inventory 30 units at $15 $450 7 Purchases 106 units at $16 1696 22 Purchases 15 units at $17 255 $2401 A physical count of merchandise inventory on July 30 reveals that there are 38 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $1755. $1778. $1823. $1702.
Question 10 (10 points) July 1 Beginning Inventory.. 20 units $20 7 8 S July 7.Purchases...
Question 10 (10 points) July 1 Beginning Inventory.. 20 units $20 7 8 S July 7.Purchases 70 units@$21-$1.470 10 July 22....Purchases 10 units @ $22-$220 Total cost of goods available $2.090 A physical count of merchandise inventory on July 30 reveals that there are 35 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $1,390. $1,380. $1425 $1,345 6 ar 10 ouestions sved Submit Quiz e ho
Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 90...
Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 90 units at $19 315 units at $20 45 units at $22 $1710 6300 990 $9000 A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
QUESTION 5 Olympus Climbers Company has the following inventory data: July 1 Beginning inventory 30 units at $19 $ 570 Purchases 105 units at $20 2,100 Purchases 15 units at $22 _330 $3,000 A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $930. $990. $2,010. $2,070.
14. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $24 240 $2,020 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is
Bonkers Bananas has the following inventory data:
July 1
Beginning inventory
42 units at $21
$882
7
Purchases
148 units at $22
3256
22
Purchases
21 units at $23
483
$4621
A physical count of merchandise inventory on July 30 reveals that
there are 53 units on hand. Using the LIFO inventory method, the
amount allocated to ending inventory for July is
$1187.
$1219.
$1124.
$1113
- 15. Pasquale has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $24 240 $2,020 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is a. $1,390. b. $1,414. c. $1,470. d. $1,440.
Question 10 (10 points) July 1 Beginning Inventory.. 20 units $20 7 8 S July 7.Purchases 70 units@$21-$1.470 10 July 22....Purchases 10 units @ $22-$220 Total cost of goods available $2.090 A physical count of merchandise inventory on July 30 reveals that there are 35 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $1,390. $1,380. $1425 $1,345 6 ar 10 ouestions sved Submit Quiz e ho
Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 90 units at $19 315 units at $20 45 units at $22 $1710 6300 990 $9000 A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
Most questions answered within 3 hours.
-
Hydrobromic acid
dissolves solid iron according to the followiaung reaction:
Fe(s)+2HBr(aq)→
FeBr2(aq)+ H2(g)
Part A. What...
asked 1 hour ago -
Verify the following vector identity in SPHERICAL
COORDINATES.
div(curl(A)) = 0
asked 3 hours ago -
The work function (Φ) for a metal is 7.50×10-19 J.
What is the longest wavelength (nm)...
asked 3 hours ago -
1. Would the following procedural changes cause the
calculated mass percent Ni2+ ion in Ni(NH3)nCl2 to...
asked 5 hours ago -
1. Why does the voltage of the capacitor vary with frequency?
where does this missing voltage...
asked 6 hours ago -
p p please write each step out clearly
3. A manager of a company is considering...
asked 5 hours ago -
On October 1, Ebony Ernst organized Ernst Consulting; on October
3, the owner contributed $83,540 in...
asked 6 hours ago -
A.)As an electron moves through a region of space, its speed
decreases from 9.60 × 106...
asked 6 hours ago -
In java with the netbeans program do:
Through object programming
Create a class "ContadorP", which is...
asked 6 hours ago -
Pattern Corporation acquired all of Science
Company's outstanding stock on January 1, 2016 for $600,000 cash....
asked 6 hours ago -
Here are all accounts Tyler Co. maintains.
Tax expenses $4,750
Common stocks $48,840
SG&A expenses $2,500...
asked 7 hours ago -
Lis
out the types and equation of wind profile and the respective
variables in the fds...
asked 7 hours ago